When you draw your benefits, you don’t just get the amount you chose to buy, but instead you get the inflation proofed value of this extra pension.
You buy extra pension by paying an extra amount each month - and you choose exactly how many years you want to spread the cost over. Once you have signed up, the contributions come out of your pay automatically, and if you’re a tax payer, you will automatically get tax relief too. Unlike your normal contributions which are a percentage of your pay, you buy extra pension by paying an amount of money each month - so as time goes on, the cost of this will seem less in relation to your pay.
The cost to you depends on:
 How much extra pension you want to buy
Your age when contributions begin
Whether you are a man or a woman
What period you want to spread the cost over
Whether you want to buy extra pension for yourself only, or also for your dependants.
Because of this, there are literally hundreds of different cost combinations, but to see some examples please click the link below.
 Examples
If you would like to see an estimate of the cost per month and annually of purchasing extra pension you can use our Buying Extra Pension calculator.
If you would like to see an estimate of the cost per month and annually of purchasing extra pension you can use our Buying Extra Pension Online Calculator.
The Online Calculator is a Microsoft Office Excel spreadsheet therefore you will need to have this software in order to use it. If you do not have Microsoft Excel you can request an estimate by clicking on the link below 'Buying Extra Pension Illustration Request Online Form' and we will send you an estimate by post.
 Please note that the Online Calculator only provides you with an estimate of the amount that the Extra Pension would cost you and if you wish to receive an accurate quote you will need to complete the online form below.
Buying Extra Pension calculator 
More about Buying Extra Pension
Buying Extra Pension Illustration Request Online Form
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The cost to you 
